Title 11, Chapter 9, Section 327
( 11-9-327)
Priority of security interests in deposit account. The following rules govern priority among conflicting security
interests in the same deposit account: (1) A security interest held by a secured party having control of the deposit account under Code Section 11-9-104 has priority over a conflicting security interest held by a secured party that does not have control; (2) Except as otherwise provided in paragraphs (3) and (4) of this Code section, security interests perfected by control under Code Section 11-9-314 rank according to priority in time of obtaining control; (3) Except as otherwise provided in paragraph (4) of this Code
section, a security interest held by the bank with which the
deposit account is maintained has priority over a conflicting
security interest held by another secured party; and (4) A security interest perfected by control under paragraph (3) of subsection (a) of Code Section 11-9-104 has priority over a security interest held by the bank with which the deposit account is maintained. |